Discuss the importance of guiding principles of forecasting

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Reference no: EM132294247

"Forecasting" Please respond to the following: 1 full page with reference

• Compare and contrast the major strengths and weaknesses of analytic and nonanalytic forecasting. Provide one (1) example of each method being used in a real-world scenario to support your answer.

• Discuss the importance of the four (4) guiding principles of forecasting. Next, select one (1) principle and discuss how to apply it in a real world scenario.

Reference no: EM132294247

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